Search Results for : Technology

    Amazon enters generative AI market, offers new cloud-based services

    Generative AI is a form of machine learning that involves training AI models on large amounts of data in order to generate new content. This can include everything from text and images to music and video. Unlike traditional machine learning models, which are designed to make predictions based on existing data, generative AI is capable […]

    Amazon’s CEO Jeff Bezos says cost cuts won’t deter investments in new ventures

    In a recent letter to shareholders, Amazon’s CEO Jeff Bezos stated that the company’s ongoing cost-cutting measures will not hinder its investments in new ventures. This announcement comes amid a time of economic uncertainty caused by the COVID-19 pandemic, with many companies looking to scale back their spending to mitigate the financial impact of the […]

    Buzzer’s fundraising paves way for potential partnerships with sports leagues

    Sports streaming startup Buzzer has secured $20 million in funding, which it plans to use to expand its coverage and establish partnerships with major sports leagues. The New York-based company, founded in 2018 by Bo Han, a former Twitter executive, offers personalized and real-time alerts for sports events, allowing fans to keep up with their […]

    Sports streaming startup Buzzer raises funds, eyes leagues’ partnerships

    Sports fans looking for a way to stay on top of all their favorite teams and players may soon have a new option. Buzzer, a startup that offers personalized notifications for live sports events, has secured $20 million in funding and is reportedly in talks with several major sports leagues about potential partnerships. Founded in […]

    Beyond Bitcoin: Understanding the Role of Cryptocurrencies in Fintech

    Cryptocurrencies, led by the pioneering Bitcoin, have been making waves in the financial world for over a decade. However, their impact goes far beyond being a digital form of currency. Cryptocurrencies are now playing a significant role in the realm of financial technology, or fintech, as they challenge traditional financial systems and open up new […]

    Didi makes big move with driverless car concept after crackdown

    Didi’s concept car, named the “Didi Autonomous Mobility,” was showcased at the Auto Shanghai 2021 exhibition in China. The car, which was developed in partnership with Chinese automaker BYD, features Level 4 autonomous driving capabilities, meaning it can operate without a human driver in certain conditions, such as on highways or in designated areas. According […]

    Didi’s driverless car concept signals rebound from crackdown

    Didi Chuxing, the Chinese ride-hailing giant, has unveiled a concept car showcasing its latest autonomous vehicle technology, signalling its rebound from a regulatory crackdown in China last year. The unveiling of the car, which is expected to have full Level 4 autonomy, was announced during the Shanghai Auto Show, which opened on April 19th. The […]

    Xi’s pivot to tech can’t prevent major investors from exiting China

    According to data from Refinitiv, in the first quarter of 2021, overseas investors sold off $5.6 billion worth of Chinese shares in internet and technology companies, marking the largest quarterly outflow in three years. Furthermore, the data revealed that foreign investors have reduced their holdings in Chinese tech stocks to a two-year low, with only […]

    Food trends for 2023: what to expect on your plate

    As we approach 2023, food enthusiasts and experts are predicting a shift in the culinary landscape. From a growing demand for plant-based meals to the use of innovative technology in food production, the food industry is gearing up for some exciting changes. Let’s take a closer look at some of the food trends we can […]

    Pakistan’s trucking industry loses Maersk-backed player

    In a significant development for Pakistan’s logistics industry, Maersk-supported trucking firm TruckSher has announced its withdrawal from the market. The move comes after two years of operations in the country, during which the start-up sought to revolutionize the sector by leveraging technology to connect shippers with truckers. TruckSher’s decision to exit the Pakistani market has […]